YEARLY HIGH
16.9163 CVE
YEARLY LOW
13.9900 CVE
YEARLY AVERAGE
15.2435 CVE

2022 BOB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 16.9163. Conversely, the yearly low was recorded on January 13, dropping to 13.9900.

This high-to-low spread represents a total annual volatility of 2.9264 CVE. From a start-to-finish perspective, comparing the January average rate of 14.1810 to the December average rate of 15.0957, the exchange rate registered a net change of 6.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 16.9163 was up 17.99% compared to the 2021 peak of 14.3371, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 84,582 CVE
2021 Average 67,799 CVE
Yearly Trough Low 69,950 CVE
Transaction Impact: A difference of 14,631.84 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

16.5275
13.9677
JanuMarcMayJulySeptNove

BOB to CVE Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7017, compared to 15.7852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0835 points.

H1 Avg (Jan–Jun) 14.7017
H2 Avg (Jul–Dec) 15.7852

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.3040 CVE (High: 16.6758 / Low: 15.3719). On the other end, December was the most stable month, with a tight range of 0.4059 CVE (High: 15.3908 / Low: 14.9849).

September Spread (Volatile) ±1.3040
December Spread (Stable) ±0.4059

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6367 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 16.3142) against the same month in 2021 (average: 13.8156), the exchange rate shifted by +2.4987 (+18.09%).

2022 Avg (October) 16.3142
2021 Avg (October) 13.8156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.4362 13.9900 14.1810
February 14.4849 14.0338 14.1830
March 14.7982 14.3464 14.6182
April 15.3433 14.5343 14.8157
May 15.4952 14.9686 15.2194
June 15.4325 14.9744 15.1931
July 15.9540 15.1334 15.6450
August 16.0653 15.5102 15.8285
September 16.6758 15.3719 16.0954
October 16.9163 16.0839 16.3142
November 16.3191 15.3013 15.7323
December 15.3908 14.9849 15.0957